East Central Regional Hospital
Augusta, Richmond County, GA
· CCN 114029
Licensed to Department Of Behavioral Health And Developmental Disabilities
Composite
72.7
rank score
Distress
88
FY2023
Fit
82
vs thesis
Estimated ticket
$21.2M–$84.7M
110 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $1 |
| Operating margin | -15,890,170,200.0% |
| Total margin | -15,890,170,200.0% |
| Days cash on hand | 0 |
| Current ratio | — |
| Occupancy | 70% |
Facility
| Beds | 110 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 110 | — | $-75.1M | — | — | 0 | — | 70% | 622 | — |
| 2022 | 110 | $3 | $-146M | -4,867,261,200.0% | -4,867,261,200.0% | — | — | 67% | 501 | 83 |
| 2023 | 110 | $1 | $-159M | -15,890,170,200.0% | -15,890,170,200.0% | 0 | — | 70% | 478 | 88 |
| 2024 | 110 | — | $-182M | — | — | — | — | 69% | 714 | — |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Department Of Behavioral Health And Developmental Disabilities | 5% or greater direct ownership interest | 100 | 2009-07 | |
| Department Of Behavioral Health And Developmental Disabilities | other | 100 | 2009-07 | |
| Tammi Brown | corporate director | 100 | 2021-09 | |
| Carletta Johnson | corporate officer | 2021-11 | ||
| Carletta Johnson | w-2 managing employee | 2021-11 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in GA
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2017-01-05 | Rv Behavioral, Llc | Ridgeview Institute,inc | Ridgeview Institute Smyrna | 188 |